1. Cement and ready-mixed concrete segment
After the strategic restructuring with Jidong Group, BBMG has become the third largest cement enterprise in the country. The cement business of the Company continued to take Beijing, Tianjin, and Hebei as its core strategic region, and continued to expand the coverage of its network, mainly with presence in Beijing, Tianjin and Hebei Province, Shaanxi, Shanxi, Inner Mongolia, Northeastern region, Chongqing, Shandong, Henan and Hunan. The production capacity of clinker amounted to approximately 110 million tonnes; the production capacity of cement amounted to approximately 170 million tonnes; the production capacity of ready-mixed concrete and ready-mixed mortar amounted to approximately 60.0 million cubic meters while the production capacity of grinding aids and admixtures amounted to approximately 41 million tonnes and approximately 0.34 million tonnes respectively. On this basis, the Company effectively demonstrated the internal syner-getic mechanism with cement production and ready-mixed concrete development providing support to each other.
2. Modern building materials and commerce and logistics segment
The Company is one of the leaders in the building materials industry in Pan Bohai Economic Rim. It has major product series, namely furniture and woods, wall body and insulation materials as well as decorative and fitting materials, among which, the production and sales of BBMG's aerated products ranked number three in the industry, BBMG's production capacity of fire retardant paint and comprehensive strength ranked top 3 in the country. With strenuous efforts made in implementation of structural adjustment and industrial upgrade, the Company invested in theconstruction of BBMG Modern Industrial Park in Dachang, Hebei, and completed the planned upgrade of Doudian Circular Economic Park in Fangshan, Beijing, thereby basically forming the centralized production model in the industrial parks and gradually achieved industrial synergy. In response to the needs of the construction of a sub-town center in Beijing, the Company took the initiative to be the major supplier for the construction materials required by the construction of the sub-town center project, and stationed in the construction site to organise and co-ordinate the work on securing the supply of construction materials. This has enhanced the image of the Company's new construction materials products in the market and made improvement to the aspects such as product quality, organisation and securing as well as management level.
3. Property development segment
Currently, the property development business of the Company has realized a strategic layout covering the three major economic zones of Pan Bohai Rim, Yangtze River Delta and Chengdu-Chongqing region, the four municipalities of Beijing, Shanghai, Tianjin and Chongqing, as well as 15 provincial cities or regional core cities such as Hangzhou, Nanjing, Hefei and Haikou. The Company was awarded the title of "National Housing Industrialisation Base" by the Ministry of Housing and Urban-Rural Development of the PRC, which is the first property developer receiving such title in Beijing.
4. Property investment and management segment
BBMG has covered real estate investment, property management, leisure vacation and related services, leading the industry in Beijing and even the PRC for years in areas including specialized techniques, brand awareness, occupancy rate and revenue. Meanwhile, the resort and leisure business, with Fengshan Hot Spring Resort and Badaling Hot Spring Resort as key projects, has built up its scale and gained sound reputation in the society.
The H shares of BBMG was successfully listed on the Main Board of the Hong Kong Stock Exchange on 29 July 2009 and the Company was successfully listed on the domestic A share market of the Shanghai Stock Exchange on 1 March 2011. The dual listing in both markets will lay a more solid and concrete foundation and create a broader platform for the future development of BBMG. Positioned in a new historical starting line with numerous opportunities and challenges, the management of BBMG are determined to build on its century of achievements. In the epic pursuit of forging a top-level public listed company with expanding international presence, the Company will continuously create new values for the shareholders and help BBMG scale new heights.
